Uzbekistan's announcement that it will privatize key state-owned assets has evoked skepticism about the former Soviet republic's commitment to economic reform.

Uzbekistan's announcement that it will privatize key state-owned assets has evoked skepticism about the former Soviet republic's commitment to economic reform.

The nation's leading indicator of consumer confidence took an unexpected tumble in May.

Cheaper gas won't be enough to get many more Americans on the road this summer. They're still too worried about their jobs and the economy.
The Kyrgyz government is pushing to speed the construction of a trans-Asia railway, but the massive foreign investment needed to build Kyrgyzstan's stretch of the project has sparked a heated debate over the price the Central Asian nation would pay for the funding.

Kazakh officials hope that recent trade deals with Germany will lead to a trade pact with the European Union that will spur the Central Asian nation's economic development.

Kazakh officials hope that recent trade deals with Germany and France will lead to a trade pact with the European Union that will fuel the Central Asian nation's economic development.
German prosecutors last week charged an Afghani man with recruiting for the Islamic Movement of Uzbekistan — a case that underscores how the Central Asian radical group has become an international jihadist movement with links to the Taliban and al Qaeda.

As Detroit struggles to right its financial ship, one bright spot in the Motor City lies under the cavernous roof of the Cobo Center, where this year's North American International Auto Show is sparking much-welcome optimism.